Wall Street
Jobs May Not Come Totally Back For Years, All Depending On How Small Businesses Weather This Storm
AMERICA - Published date: .
By some estimates, it will take until 2023 or even longer to bring the labor market back to where it was just week ago i... Read more
US Services Sector Growth Slows Down In March, ISM Says
AMERICA - Published date: .
Activity in the U.S. services sector slowed down in March as business grapple with the coronavirus outbreak, data releas... Read more
Treasury Secretary Mnuchin Says He's Having Ongoing Discussions About Infrastructure
AMERICA - Published date: .
The Treasury secretary told CNBC he is holding discussions with Congress about a potential infrastructure bill. Read more
March's ISM Manufacturing Index Is 49.1, Signaling Contraction As Coronavirus Hits Economy
AMERICA - Published date: .
U.S. manufacturing activity contracted in March as the coronavirus outbreak continues to pressure the economy, data rele... Read more
US Consumer Sentiment Falls To Lowest Level In More Than 3 Years
AMERICA - Published date: .
U.S. consumer sentiment fell to a three-year low as the coronavirus outbreak takes a toll on the economy, according to d... Read more
Jerome Powell's Message To Americans: 'The Federal Reserve Is Working Hard To Support You'
AMERICA - Published date: .
Federal Reserve Chairman Jerome Powell is trying to reassure Americans about this unprecedented financial crisis ignited... Read more
Bernanke Says Fed Chief Powell 'got Ahead Of This,' And 'going Big' Was Right Thing To Do
AMERICA - Published date: .
Bernanke told CNBC the Federal Reserve acted with appropriate force. Read more
Unprecedented Spike In Weekly Jobless Claims Is Just The Start, As Unemployment Is Set To Double
AMERICA - Published date: .
Thursday's spike in weekly jobless claims, considered the canary in the coal mine for labor, signals the start of a crus... Read more
Investor Ray Dalio Estimates The Corporate Losses In The US From Coronavirus Will Top $4 Trillion
AMERICA - Published date: .
The Bridgewater Associates founder also estimated the global corporate losses will hit $12 trillion due to the pandemic. Read more
Interest Rates Are Rising, A Bad Sign As The Economy Slides Toward Recession
AMERICA - Published date: .
The Fed is throwing all its fire power at markets, but interest rates continue to rise, a troubling sign when the econom... Read more
'Hell Is Coming' — Bill Ackman Has Dire Warning For Trump, CEOs If Drastic Measures Aren't Taken Now
AMERICA - Published date: .
"America will end as we know it. I'm sorry to say so, unless we take this option," Ackman said. Read more
Even With $1 Trillion Stimulus, Hit To Economy And Employment From Virus Will Be Big
AMERICA - Published date: .
The double-barreled approach of a $1 trillion proposed fiscal stimulus program and Federal Reserve policy could help sof... Read more
Banks Nearly Took Down The Economy In 2008. Now The Industry Hopes To Redeem Itself
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"They want to be part of the solution this time," said one analyst. Read more
Fourth Quarter GDP Could Show Economy Entered A Slower Growth Patch At Year-end
AMERICA - Published date: .
Economic growth in the final quarter of the year is expected to be on par with third quarter's 2.1%, but it is also like... Read more
Consumer Confidence Jumps As Job-market Outlook Improves
AMERICA - Published date: .
Consumer confidence grew more than expected in January as the outlook around the labor market improved, data released Tu... Read more
Here's Why A Sluggish Manufacturing Sector May Bounce Back Soon
AMERICA - Published date: .
Purchasing managers have been gloomy on manufacturing for the past five months, but the sector now looks like it could b... Read more
Kudlow Says 'tax Cuts 2.0' Will Be Unveiled Later This Year During Trump Presidential Campaign
AMERICA - Published date: .
National Economic Council Director Larry Kudlow said that the White House plans to unveil a plan for additional tax cuts... Read more
Here's Where The Jobs Are — In One Chart
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CNBC studied the net change in employment by industry for December based on data from the Labor Department. Read more
JP Morgan Tells Wealthy Clients A 'progressive Overhaul' Of Economy Is One Of 2020's Biggest Risks
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J.P. Morgan Asset and Wealth Management also said an uptick in inflation is a risk to the market in 2020. Read more
'Bond King' Gundlach Says A Recession Is 'very Unlikely' In 2020
AMERICA - Published date: .
Jeffrey Gundlach is not worried about a possible recession in 2020, saying on Wednesday that he thinks it's "very unlike... Read more
